Pennsylvania Health And Accident Study Guide Rated A+

Which if the following is a characteristic of PPOs A: Prearranged costs for services rendered B: Ability to receive care at the same cost from any provider C: Providers receive a flat monthly amount from each user {Ans: A - Prearranged costs for services rendered}In which of the following must a beneficiary change request to be filed in writing to the insurer and is made effective by the insurance company recording the change in its records A: Recording method B: Designation option C: endorsement method {Ans: A - Recording method}What is the primary purpose of HRAs A: To reimburse employees who choose not to participate in the group health coverage provided by the employer B: To assist covered employees with the payment of medical expenses on a high deductible plan funded through pre-tax contributions C: To assist employees on standard group health insurance plans by using post tax contributions to fund an account to pay medical expenses {Ans: B - To assist covered employees with the payment of medical expenses on a high deductible plan funded through pre-tax contributions}When can the premiums of an individually owned health insurance policy be deducted from the individual's income tax? A: